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Search resuls for: "Dodge Brand"


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Kuniskis will be replaced by Chrysler brand CEO Christine Feuell, who will lead Ram in addition to Chrysler, and Matt McAlear, who will be promoted from Dodge's sales lead to brand CEO and a member of Stellantis' top executive team. DETROIT – Stellantis ' Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker and its predecessors, the company announced Friday. I wish him well in his retirement," Stellantis CEO Carlos Tavares said in a release. "I am confident that Chris will continue the work of Tim in leading the iconic Ram brand. Matt will bring a fresh perspective, while continuing to draw on the heritage of our iconic Dodge brand and leading the transition of the brand toward a sustainable future."
Persons: Christine Feuell, Ram, Matt McAlear, Dodge, Tim Kuniskis, Tim, Carlos Tavares, Chris, Matt, Sergio Marchionne, Kuniskis, Mark Stewart Organizations: Chrysler, Challenger, Dodge, DETROIT, U.S, Fiat Chrysler, French, PSA Groupe, Goodyear Tire Locations: American, North America, Durango, South America, Asia, Pacific, China
CNN —Muscle car shoppers will face some important decisions with the 2024 Dodge Charger. First, the new Charger will be available as a battery-powered electric car or with a gasoline engine. The most powerful and fastest version, at least initially, will be the fully electric Dodge Charger Daytona Scat Pack, capable of producing up to 670 horsepower from two electric motors. Dodge Charger Daytona models are fully electric and have a hidden front wing. The Charger Daytona Scat Pack will be the top performance version, at least initially, with a maximum of 670 horsepower.
Persons: Dodge, We’re, , Tim Kuniskis, it’s, Stellantis Organizations: CNN, Chargers, Dodge, Challenger, All Chargers
A traditional automaker just turned a profit on EVs
  + stars: | 2024-02-15 | by ( Chris Isidore | ) edition.cnn.com   time to read: +3 min
New York CNN —Electric vehicles are finally turning a profit for Stellantis, CEO Carlos Tavares said Thursday, and, in contrast to some rivals, it will not cut back on producing EVs. The announcement marks an important milestone for electric vehicles and for traditional automakers, which have struggled to make money on EVs even as demand has grown. Ford, the only company to break out results separately for electric and traditional vehicles, reported that it lost $4.7 billion in EVs last year, or more than $40,000 per vehicle. But he said that EVs, while profitable, are still not as profitable as traditional gas-powered vehicles. That includes profit sharing for about 38,000 United Auto Workers union members at an average of $13,860, down from $14,760 a year earlier.
Persons: Carlos Tavares, , Tesla, Traveras, Stellantis Organizations: New, New York CNN —, Fiat Chrysler, PSA Group, Ford, GM, General Motors, Jeep, Chrysler, Dodge, United Auto Workers, UAW Locations: New York, Detroit, EVs, Europe, Paris
Stellantis will lift its 2030 revenue target for its recycling and reconditioning unit after its revenue grew 25% so far this year, the automaker's CEO said on Thursday, adding that the business would help make electric vehicles more affordable. Rising prices and reduced availability of raw materials, as well as environmental costs to extract them, are pushing manufacturers and regulators to reuse and recycle more. Stellantis CEO Carlos Tavares said volatility in raw materials prices made electric vehicles (EV) less affordable for consumers. "We aim to set up a stable flow of supplies for raw materials ... avoiding market ups and downs. This means less inflation," Tavares said in Turin as he inaugurated the automaker's first hub for its recycling and reconditioning business, now part of its 'circular economy' unit.
Persons: Tim Kuniskis, Dodge Brand, Carlos Tavares, Tavares, Stellantis Organizations: Dodge, EV Locations: Pontiac , Michigan, Turin, Franco, Italian, North America, America, Africa, East, Stellantis, Italy
The 2025 Ram 1500 Ramcharger is expected to go on sale in late 2024 alongside a previously revealed all-electric Ram 1500 truck without a gas-powered engine or range-extending electric generator. That range compares with up to an expected 500-mile range of the all-electric Ram 1500 REV pickup. 2025 Ram 1500 Ramcharger Tungsten RamSimilar propulsion technology — referred to as extended-range electric vehicles, or EREVs — is available in overseas markets, specifically China. For the traditional Ram 1500 models, the biggest change is the company is dropping its well-known Hemi V-8. Ram's 2023 Super Bowl ad debuts the production version of the Ram 1500 REV electric pickup that is expected to go on sale in late 2024.
Persons: Ramcharger, Tim Kuniskis, Kuniskis, Stellantis, Stephanie Brinley, It's, Michael Wayland Organizations: DETROIT, U.S . Environmental Protection Agency, P Global Mobility, General Motors, Chrysler, Jeep, Fiat, U.S, Dodge, CNBC, GM, Ford Motor, Chrysler Pacifica minivan, Cherokee Locations: China, Pontiac, Mich
The United Auto Workers union said it reached a tentative deal with Stellantis on Saturday, six weeks after workers went on strike. Earlier this week, Ford also reached a tentative agreement with the UAW. Photos: Emily Elconin/Bloomberg NewsChrysler parent Stellantis said the strike by U.S. auto workers had cost it more than $3 billion in lost revenue as it reported a rise in quarterly sales. The update from Stellantis, which also makes the Jeep and Dodge brands, is the latest indication of the financial fallout from a six-week strike that put 45,000 workers on the picket lines.
Persons: Stellantis, Ford, Emily Elconin Organizations: United Auto Workers, UAW, Bloomberg News Chrysler, U.S, Jeep, Dodge
The unveiling of the 1,025 horsepower Dodge Challenger SRT Demon 170 has been long anticipated, and long delayed. Dodge had originally expected to just modify the Dodge Challenger Demon engine, which is capable of producing up to 840 horsepower. The 2023 Dodge Challenger SRT Demon 170 can reach 60 miles per hour in under two seconds. StellantisIntroduced in 2008, the modern Dodge Challenger shares much of its engineering with the four-door Dodge Charger and Chrysler 300 sedans. Options for the 2023 Dodge Challenger SRT Demon 170 include a Direct Connection Parachute Mounting System.
The Ram 1500 Revolution concept truck, unveiled Thursday at the Consumer Electronics Show in Las Vegas, provides an early look at several features Ram’s future electric truck could have, including a rear passenger cabin wall that folds away, leaving the truck cab fully open into the cargo bed. Designers plan to use the "tuning fork" light design seen inside and outside the Ram Revolution concept in production versions of the truck. The concept truck has doors that open outward from the center with no pillar in the middle. The Ram 1500 Revolution concept has two electric motors, one powering the back wheels and one for the front, giving it all-wheel-drive. The electric Ram truck won’t go on sale until some time in 2024.
CNN —As the big Chrysler 300 sedan, with its trademark large square grille, approaches the end of an 18-year production run, the brand unveiled a special edition model in Detroit last Tuesday night. This special edition will be the most powerful 300 offered by a wide margin. The bigger, more powerful 6.2-liter engine used in the limited edition 300C is used in the sportier Dodge Charger R/T Scat Pack, which is not a limited edition model. But the Dodge Charger and the closely related Challenger are offered with those far more powerful supercharged engines. Those models are using all the supercharged engines the Mexican factory can make, said Elshoff.
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